Tex. Ins. Code Section 982.203
Location of Trusteed Assets


(a)

The trusteed assets of an alien insurance company shall be kept continuously in the United States.

(b)

The trusteed assets of an alien insurance company that enters the United States through this state shall be kept continuously in this state.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.

Source: Section 982.203 — Location of Trusteed Assets, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­982.­htm#982.­203 (accessed May 18, 2024).

982.001
Definitions
982.002
Applicability of Chapter
982.003
Life Insurance Companies Wanting to Loan Money
982.004
Financial Statements of Foreign or Alien Insurance Companies
982.051
Certificate of Authority Required for Life, Health, or Accident Companies
982.052
Certificate of Authority Required for Other Companies
982.101
Filing of Financial Statement by Life, Health, or Accident Insurance Company
982.102
Filing of Financial Statement by Other Insurance Company
982.103
Filing of Financial Statement by Alien Insurance Company
982.104
Filing of Articles of Incorporation
982.105
Capital Stock and Surplus Requirements for Life, Health, or Accident Insurance Companies
982.106
Capital Stock and Surplus Requirements for Other Insurance Companies
982.107
Applicability of Other Law
982.108
Deposit Requirements for Alien Insurance Company
982.109
Duration of Deposit by Life, Health, or Accident Insurance Companies
982.110
Duration of Deposit for Other Insurance Companies
982.111
Exception to Deposit Requirement: Trusteed Assets
982.112
Exception to Deposit Requirement: Deposit with Officer in Another State
982.113
Issuance of Certificate of Authority to Life, Health, or Accident Insurance Company
982.114
Payment of Tax by Foreign or Alien Life Insurance Company
982.201
Deed of Trust: General Provisions
982.202
Deed of Trust: Approval by Commissioner
982.203
Location of Trusteed Assets
982.204
Withdrawal of Trusteed Assets
982.251
Trusteed Surplus of Alien Insurance Company
982.252
Form and Contents of Financial Statement of Alien Insurance Company
982.253
Impairment of Trusteed Surplus
982.254
Failure to Eliminate Impairment of Trusteed Surplus
982.255
Examination of Alien Insurance Company
982.301
Applicability of Subchapter
982.302
Reinsurance Not Prohibited
982.303
Texas Law Accepted
982.304
Same or Deceptively Similar Name
982.305
Limitation on Actions in Other State Courts

Accessed:
May 18, 2024

§ 982.203’s source at texas​.gov